The 1988 Goody's 500 was the 24th stock car race of the 1988 NASCAR Winston Cup Series season and the 40th iteration of the event.

Taking advantage of a misfortunate Ricky Rudd, Hendrick Motorsports' Darrell Waltrip dominated the late stages of the race, leading the final 80 laps of the race to take his 73rd career NASCAR Winston Cup Series victory and his second and final victory of the season.

[1][2] To fill out the top three, owner-driver Alan Kulwicki and Blue Max Racing's Rusty Wallace would finish second and third, respectively.

At 0.526 miles (0.847 km) in length, it is the shortest track in the NASCAR Cup Series.

Rusty Wallace, driving for Blue Max Racing, would win the pole, setting a time of 20.724 and an average speed of 91.372 miles per hour (147.049 km/h) in the first round.